This EDA investment supports the city of kewaunee with constructing a new business park that will allow the city to attract new businesses and help existing commercial and industrial users to expand…

The U.S. Department of Commerce Economic Development Administration (EDA) awarded the City of Kewaunee, Wisconsin $2.44 million under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) to construct a new business park. The funding will support the City in attracting new businesses and helping existing commercial and industrial users expand following the 2013 closure of the Kewaunee Nuclear Power Plant, which led to severe economic dislocations and job losses in the region. The business park will provide employment opportunities, spur private investment, and strengthen the regional economy - critical assets for the region's long-term recovery and resilience to future economic shocks. The award was issued on April 12, 2022 to support these key economic development services.

This EDA investment supports the city of kewaunee with constructing a new business park that will allow the city to attract new businesses and help existing commercial and industrial users to expand in kewaunee, wisconsin. The 2013 kewaunee power station closure led to severe economic dislocations and job losses in the kewaunee region. The region's long-term recovery and resilience to future shocks depends on the city's ability to diversify its economy through business expansion and attraction. This project is a critical asset for the region's economic recovery from the loss of the nuclear power station by providing employment opportunities, spurring private investment, and strengthening the regional economy.